Gold is gone, stop-loss triggered


The US dollar keeps rising
The key support for gold also couldn't hold
During rate hikes and a strong dollar period
Assets directly related can't withstand it
Bitcoin is a bit better, its correlation with the dollar isn't as strong as gold
Gold and other opportunities will come back, now just stay flat and wait
$XAU
GLDX-2.34%
PAXG-2.93%
XAUUSD-2.74%
BTC-4.15%
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BearishTradersOneComesToWealth
· 6h ago
This gold is so crappy.
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HighAmbition
· 6h ago
good
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